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Welcome to 139-12 111th Avenue — a Beautiful and Spacious New Two-Family Home in Jamaica, Queens! This stunning newly built residence is located on a quiet residential block in Jamaica, Queens, offering convenient access to shopping, schools, houses of worship, and major roadways for easy travel throughout the boroughs. Offering approximately 2, 775 square feet of above-grade living space—about 1, 388 square feet per floor—plus a finished basement, this home delivers exceptional space and flexibility. Both the first and second floors feature 4 generously sized bedrooms, 2 full bathrooms, a bright living and dining area, and a full kitchen, making it ideal for multi-generational living or strong rental income potential. The exterior showcases a modern, durable façade with a brick front, clean siding, and strong curb appeal. Inside, you’ll find hardwood floors throughout, beautifully tiled bathrooms, and central air conditioning for year-round comfort and efficiency. The finished basement offers high ceilings, ample natural light, a full bathroom and versatile space. A private driveway and rear 1-car garage provide convenient off-street parking. Perfectly positioned near everyday essentials, this property combines modern construction with long-term value. Its layout and size make it a prime income-producing opportunity or an excellent option for an owner-occupant seeking flexibility and space. Don’t miss the opportunity to own this spacious and versatile two-family home in Jamaica, Queens.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,689,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,351,200 | $1,351,200 | $1,351,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.031% | 5.885% |
| Monthly Tax Payment | $372 | $372 | $372 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,461 | $7,993 | $11,130 |
| Total Monthly Payment | $7,958 | $8,490 | $11,627 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.